Should the fastest always win the race? That was the question IEX founder Brad Katsuyama found himself asking when he realized high frequency traders were manipulating the system by using faster connections to profit at the expense of others. Determined to create a fair market for all investors, Brad risked everything to launch his own exchange. When one of the world’s largest high frequency trading firms stepped in to try to stop Brad in his tracks, he turned to Hogan Lovells to help in his fight for fairness. This is the story of Citadel v. SEC.

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